15% BELOW RV 9.4% YIELD POSITIVE PRE-TAX IN APPLEBY

Listing Number:  1613
Posting Date:  25 September 2009






 
Price:$105,400
Listing:15% BELOW RV 9.4% YIELD POSITIVE PRE-TAX IN APPLEBY
Type:House
Category:Assignment
Bedrooms:3
Bathrooms:1
Region:Otago
Site Area:130 m2
Address: Login
Building Area:809 m2
Property Image

Description:

Purchase price: $105,400
Rent: $190 per week
RV: $124,000
Rates: $1322

9.4% Gross yield and 15% below RV
Pre-tax positive cashflow of $46 per week ($2383 per year)

3 bedroom weatherboard villa currently owner occupied. North facing lounge, open plan kitchen and dining, dishwasher, heat pump and multifuel burner.

Handy to shops, schools, parks and Southland Hospital.

Possibly subdividable section (subject to council approval).

Call Paul on 09 575 4550 or 021 758 543 or email paulroberts@slingshot.co.nz for more info